Tapestry (TPR) Revenue — Quarter Ended Jul 1, 2023
Revenue for the reported quarter increased compared to the immediately preceding period. However, it declined slightly when measured against the same quarter one year earlier.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q4
Revenue for the reported quarter increased compared to the immediately preceding period. However, it declined slightly when measured against the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+7.3%
Change from the immediately preceding quarter.
Year-over-year
-0.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 1, 2022 | $1.5B | +1.7% |
| Dec 31, 2022 | $2B | -5.4% |
| Apr 1, 2023 | $1.5B | +5.0% |
| Jul 1, 2023 | $1.6B | -0.3% |
Revenue performance
The sequential growth reversed the pattern of the prior quarter, while the year-over-year comparison turned negative after a positive result in the preceding quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Compared with the same quarter one year earlier, revenue fell slightly.
What to watch
The year-over-year change shifted from positive to negative, a development that may be followed in future quarters.